Sovos Brands, Inc.SOVO

Market cap

$2.3B

P/E ratio

77.6x

	Dec 25, 2021	Dec 31, 2022	Dec 30, 2023
Cash and cash equivalents	66	139	232
Accounts receivable, net	71	88	98
Inventory, Net	52	93	96
Prepaid expenses and other current assets	7	12	8
Total current assets	195	331	433
Property and equipment, net	-	64	65
Operating lease right-of-use assets	16	13	11
Goodwill	437	395	395
Intangible assets, net	465	352	329
Other long-term assets	2	3	1
TOTAL ASSETS	1,178	1,159	1,235
Accounts payable	37	49	64
Accrued expenses	52	70	81
Current portion of long-term debt	-	-	0
Operating Lease, Liability, Current	3	3	3
Total current liabilities	92	122	149
Long-term Debt and Lease Obligation	481	482	484
Deferred income taxes	77	64	60
Long-term operating lease liabilities	17	14	11
Other long-term liabilities	0	0	0
TOTAL LIABILITIES	668	683	705
Common Stock, Value, Issued	0	0	0
Additional paid-in-capital	559	578	602
Accumulated deficit	-50	-103	-73
Accumulated other comprehensive income	-	2	1
TOTAL STOCKHOLDERS' EQUITY	509	476	530
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	1,178	1,159	1,235